2 Bed Condominium for Sale in Cape Coral
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For SaleMLS# 226000522

$219,000

2 Bed Condominium for Sale in Cape Coral

402 SE 42nd Terrace D-7, Cape Coral, FL, 33904

2 beds2 baths1,094 sqft
ClubhousePlaygroundCommunity Pool55+

About this home

Welcome to Country Club Estates – A Friendly 55+ Community! Embrace the Florida lifestyle in this charming two-bedroom, two-bathroom corner unit, perfect as a year-round residence or a winter retreat. Located on the second floor with desirable southern exposure, this unit is part of a quiet, low-rise complex primarily home to seasonal residents. Updated in 2022, the condo features beautiful tile flooring throughout, ceiling fans in every room, a tray ceiling in the kitchen, new quartz countertops, and freshly painted cabinets. The spacious living and dining area boasts vaulted ceilings, creating an open and airy feel. The primary bedroom includes a walk-in closet and ensuite bath. Step onto the enclosed glassed-in sunroom, recently upgraded with impact-resistant privacy sliders, and enjoy peaceful courtyard views. Can be used as a sitting area or office space. Just outside your door, you’ll find a heated pool, clubhouse, grilling area and shuffleboard courts, perfect for socializing and relaxation. The unit also includes an inside large storage closet/pantry, extra outside storage and one designated parking space (not covered). Located just blocks from shopping, dining, and downtown Cape Coral, this home offers both convenience and comfort. Schedule your showing today through ShowingTime—24-hour notice requested.

Property details

Type
Condominium
Year built
1968
Interior
1,094 sqft
Lot size
7,405.2 sqft
Acreage
0.17 acres
Garage
None
Days on market
19
Total association fees
$6,828/yr (~$569/mo)
CDD
None
Est. taxes (1.4%)
$3,066/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
South
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
No
County
Lee

Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.

Maintenance included in the fee

CableTvMaintenanceGroundsPestControlRecreationFacilitiesTrashWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BilliardRoomBilliardsClubhousePlaygroundPoolShuffleboardCourtManagement

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

At marketThis home is priced in line with comparable recent sales.
This home
$200/sqft
Comp median
$187/sqft
Difference
+7%

Based on the $/sqft of 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
4541 SE 5th Place 207Mar 2026$215,0002/21,019$211
4549 SE 5th Place 109Sep 2025$232,5002/21,256$185
3639 SE 8th PlaceMar 2026$197,0002/11,047$188
920 SE 46th Street 6Nov 2025$197,0002/21,101$179
Average4 comps$210,375$191

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,750Aug ’26 · 413 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

The good, the trade-offs & the location

Consider
  • Built 1968 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
  • 55+ age-restricted community
Location convenienceHigh
Hospital
4.3 mi
Cape Coral Hospital
Beach
8.4 mi
Fort Myers Beach
Airport
6.4 mi
Page Field (Fort Myers)
Shopping
5.5 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.